The USDJPY pair succeeded to break 109.22 and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently on the intraday and short term basis, opening the way to head towards 108.25 followed by 107.70 levels as next negative targets.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 109.22.
The expected trading range for today is between 108.40 support and 109.50 resistance
The expected trend for today: Bearish
Origin: Economies
